Author: John Smith
Kalshi apparently allowed traders to bet on Ali Khamenei’s ousting, racked up $54M in trades, then voided the result when he was killed. Source link
TRON Inc. has essentially become a vehicle for Justin Sun to purchase hundreds of millions of TRX tokens to prop up his personal crypto. Source link
Recently published accounts from FTX-backed Effective Ventures confirm that it sold the manor amid a rough market for stately homes. Source link
Crypto Capital Corp wound down after $850M was seized sometime between late 2018 and early 2019, but the ramifications continue to be felt. Source link
Hackers took control of scrap-metal billionaire Adam Weitsman’s X account to post a forex trading scam and a fake NFT crypto project. Source link
Tether has never been in a better place than it is right now, at least in the US. But in China, it’s a very different story.…
Chinese nationals are reporting that putting “Bitcoin,” “Dogecoin” or “USDT” in the memo field of a transfer causes the account to be frozen. Source link
Crypto markets have been penalized with downside volatility amid historic levels of US margin debt relative to income. Source link
Peter Thiel and Founders Fund lost tens of millions of dollars investing in ETHZilla, a struggling ETH treasury company. Source link
Michael Saylor is using AI slop to liken Strategy’s STRC dividends to the interest payments of regulated money market funds. Source link